REI Lense- Airbnb
- Long-Term
- Mid-Term
This property might be a fair Long-Term investment with a projected 9.37% first-year return on $38,430 initial cash invested.
Cash On Cash
9.37%
Cap Rate
8.57%
Rent
$1,820
Cashflow
$300
Rent Confidence: High
Annual
$21,840
Median
$1,675
Avg
$1,816
Samples
25
Financing
Purchase Price $183k
Downpayment 20.0%
Interest Rate 6.4%
Mortgage Duration 30yr.
Cash To Invest
Total $38,430
Downpayment $36,600
Closing costs $1,830
Rehab $0
Furnishing $0
Cashflow
Total Income $1,820
Total Expenses $1,520
Mortgage P&I $916
Property Taxes $67
Home Insurance $64
PManagement 10% $182
CapEx 5% $91
Vacancy 6% $109
Maintenance 5% $91
Other 0% $0
Google Maps with the subject property comparables is loading...
| # | Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|---|
| 1 | 801 Cubbedge St | $2500 | 3 | 1 | 1023 | 0.2 mi |
| 2 | 710 Fruit St | $1450 | 3 | 1 | 996 | 0.4 mi |
| 3 | 1626 W Gwinnett St | $1800 | 3 | 1 | 1100 | 0.2 mi |
| 4 | 1519 Cloverdale Dr | $2750 | 3 | 1 | 978 | 0.9 mi |
| 5 | 1308 Golden St | $1450 | 3 | 1 | 990 | 1.3 mi |
| 6 | 1016 W 42nd St | $1450 | 3 | 1 | 1008 | 1.9 mi |
| 7 | 1210 Jefferson St | $3000 | 3 | 1 | 1000 | 2.2 mi |
| 8 | 205 Mcintyre St | $1475 | 3 | 1 | 948 | 1.5 mi |
| 9 | 920 W Victory Dr | $1750 | 3 | 1 | 972 | 2.1 mi |
| 10 | 638 W 35th St | $2000 | 3 | 1 | 936 | 1.9 mi |
| 11 | 507 W 38th St | $2200 | 3 | 1 | 950 | 2.2 mi |
| 12 | 505 W 38th St, # 505 | $1800 | 3 | 1.5 | 1050 | 2.2 mi |
| 13 | 516 W 38th St, Unit 1/2 | $1250 | 3 | 1 | 1176 | 2.2 mi |
| 14 | 7 Milliken St | $1250 | 3 | 1 | 827 | 1.3 mi |
| 15 | 320 W Hall St, Unit B | $1750 | 3 | 1 | 1200 | 2.1 mi |
| 16 | 1208 Murphy Ave | $1450 | 3 | 2 | 960 | 0.6 mi |
| 17 | 309 W 31st St | $2350 | 3 | 1 | 1250 | 2.1 mi |
| 18 | 302 W 31st St | $2500 | 3 | 1 | 1250 | 2.2 mi |
| 19 | 620 W 36th St, Unit B | $1450 | 3 | 1 | 812 | 2 mi |
| 20 | 1425 Golden St | $1300 | 3 | 1 | 1.3 mi | |
| 21 | 910 W Victory Dr | $1600 | 3 | 2 | 1019 | 2.1 mi |
| 22 | 910 W Victory Vic Dr W, Unit 910 | $1600 | 3 | 2 | 1019 | 2.1 mi |
| 23 | 1524 Chester St | $1400 | 3 | 2 | 1098 | 1.3 mi |
| 24 | 1024 Cope St | $1675 | 3 | 2 | 954 | 1.4 mi |
| 25 | 505 W 38th St | $2200 | 3 | 2 | 1050 | 2.2 mi |